12.09.2019 - Lukman Otunuga, senior research analyst at FXTM, says Mario Draghi has made one last push to stimulate the eurozone - before he leaves the European Central Bank next month. But, he also believes more measure may be required, given the weakness of Europe’s economy. Although Draghi has done “whatever it takes” before he hands the mantle over to Christine Lagarde, it seems markets are disappointed with the ECB’s actions. Given the concerns revolving around the health of the Eurozone economy, most were expecting Draghi to launch a monetary policy bazooka before his departure [...].

12.09.2019 - ECB policymakers are expected to announce an interest rate cut and new stimulus package in response to weakening Eurozone economic data and Germany's contraction last quarter, Hussein Sayed, chief market strategist at FXTM, said in a research note.

12.09.2019 - Bouts of optimism have unravelled very quickly due to the erratic and unpredictable nature of the U.S.-China trade negotiations, which "ensures a lingering air of caution over global markets, even as risk assets are given another opportunity to make hay while the sun shines," Han Tan, market analyst at FXTM said in a note.

11.09.2019 - "The lull in the US-China trade conflict has prompted safe haven assets to unwind recent gains: Gold is now trading below the $1490 level, the Japanese Yen has weakened above 107.5 against the US Dollar, while yields on 10-year US Treasuries have surged past 1.70 percent." said Han Tan, market analyst at FXTM.

10.09.2019 - “A figure that prints above market expectations should soothe concerns over the health of South Africa’s economy ahead of credit rating by Moody’s in November,” Lukman Otunuga, senior research Analyst at FXTM, said in a note.

09.09.2019 - "Mildly encouraging remarks from Boris Johnson on Brexit coupled with surprisingly strong economic data from the United Kingdom have sent the GBPUSD rallying over 100 pips. Easing fears over Britain heading for a recession after economic output in July jumped 0.3% should support Pound bulls in the near term. While rising speculation around Brexit being delayed to January 2020 will most likely boost buying sentiment, the road ahead for the Pound is still filled with many obstacles and potholes." said Lukman Otunuga, senior research analyst at FXTM.

06.09.2019 - Lukman Otunuga, an analyst at forex firm FXTM, said: "The non-farm payroll report for August is projected to show an increase of 160k jobs created and the unemployment rate holding steady at 3.7%. Should the US jobs report meet or exceed market forecasts, this should cool speculation over deep Fed rate cuts, ultimately supporting the dollar."

05.09.2019 - "Despite the gains in riskier assets, global investors are not getting carried away by this surge in optimism on news that the US and China are set to hold trade talks next month," said Han Tan, market analyst at FXTM. "After all, investors have been seasoned by the tumultuous developments thus far in the year-long US-China trade conflict," he added.

04.09.2019 - "With no timetable set up for trade talks and economic data pointing south, we may see further selloff in US and global equity markets as the risk of recession continues to rise," Hussein Sayed, chief market strategist at FXTM, said in a morning note.

04.09.2019 - Hussein Sayed, chief market strategist at FXTM, says Labour could help to push the pound higher. "Boris Johnson’s huge defeat provided some life to Sterling which recovered 1.2% [...]. The road from here is likely to be very tricky, especially if PM Boris Johnson takes the path towards a snap election. [...] However, Mr. Johnson needs at least two-thirds of MPs to vote in favour of one, and so far, the Labour party doesn’t seem willing to take this risk. If the opposition party manages to get Brexit delayed in the outcome of no deal, we can see Sterling recover..."

03.09.2019 - “Sterling is set for more volatility over the near term, as the pound remains highly sensitive to the slightest development pertaining to Brexit,” warned FXTM market analyst Han Tan. “Ultimately, any event that’s seen as pushing the UK closer to a no-deal Brexit would be deemed pound-negative.” ... “Ultimately, the various political permutations will be judged on whether they raise or dilute the chance of a no-deal Brexit, which has been deemed the worst-case scenario for the UK economy,” said Tan.

03.09.2019 - “There was a collective sigh of relief across the South African economy after economic growth surprised by expanding during the second quarter of 2019,” said Lukman Otunuga, senior research analyst at FXTM. “The encouraging GDP figure is unlikely to derail the South African Reserve (SARB) from cutting interest rates in an effort to stimulate domestic consumption and growth.”

30.08.2019 - The possibility of renewed talks "allows markets to continue clinging on to hope that a resolution to this protracted impasse is not dead in the water, with traders using this as an excuse to push further into risk-on territory at any given opportunity," Han Tan, market analyst at FXTM, said in a morning note.

29.08.2019 - Han Tan, market analyst at FXTM said, "Given the rising prospects of a no-deal Brexit, in light of the suspension of the UK parliament beginning September 9, Sterling should find itself bogged down by the political uncertainties."

29.08.2019 - "As long as the US-China trade dispute remains unresolved, it's hard to see a sustainable rally in equities," Hussein Sayed, chief market analyst at FXTM, said in a morning note. "And with new trade tariffs coming up next week, expect further negative impact on economic data."

28.08.2019 - "Given the persistent nature of the US-China trade conflict, which has injected greater doses of recession fears into markets, the overall demand for safe haven assets is expected to remain resolute," said Han Tan, market analyst at FXTM, a currency broker.

27.08.2019 - "Global investors have had their emotions toyed with amidst the ever-shifting sands of the U.S.-China trade conflict," said Han Tan, market analyst at FXTM. "Market nerves have been left raw, with the delicate sentiment prompting knee-jerk reactions to every nuance pertaining to the highly unpredictable U.S.-China trade impasse." Until there are clear signs of progress in trade negotiations between the two countries, risk-aversion will continue to dominate market sentiment, Tan added.

27.08.2019 - "It remains to be seen whether or not Trump's comments prove to be green shoots or a false dawn over the prospects of a meaningful US-China trade deal," said Han Tan, market analyst at FXTM, a foreign-exchange trader. "The risk-on sentiment may prove fleeting, given that new and heightened tariffs are set to be imposed on US and Chinese goods by next week," he added... He said the PBOC is in a tricky spot, having to navigate a fine line tolerating more yuan weakness in order to offset economic headwinds...

26.08.2019 - While investor concerns are calmed for now, "Trump's rhetoric, however, must be treated with the utmost caution," said Han Tan, Market Analyst at FXTM, in an email to Business Insider. "Investors are well aware that multiple rounds of trade talks have only led to the current dismal situation, whereby repeated tariff threats have become the norm. Until there are clear signs of progress in US-China trade negotiations, risk-aversion will continue to dominate market sentiment."